108 articles for

August 2009

PSEG INC: Cites $730Mil Long-Term Environmental Costs at June 30

Public Service Enterprise Group Incorporated’s long-term environmental costs were US$730 million as of June 30, 2009, compared with US$743 million as of Dec. 31, 2008.

Newark, N.J.-based Public Service Enterprise Group Incorporated’s subsidiary, Public Service Electric and Gas (PSE&G), transmits and…

FIRSTENERGY CORP: EPA’s Probe on FGCO Generating Plants Ongoing

FirstEnergy Corp.’s subsidiary, FirstEnergy Generation Corp., is cooperating with the U.S. Environmental Protection Agency’s investigation on certain of FGCO’s generating plants.

On May 16, 2008, FGCO received a request from the EPA for information under Section 114(a) of the Clean Air…

FIRSTENERGY CORP: Accrues $104M Total Liability Through June 30

FirstEnergy Corp. accrued a total of US$104 million in environmental liabilities through June 30, 2009.

The Company’s total environmental liabilities of about US$91 million have been accrued through March 31, 2009. (Lloyds Environmental Reporter, June 2, 2009)

The Company’s Utilities (Ohio Edison…

JOHNSON CONTROLS: Responding to Cleanup Claims at 60 U.S. Sites

Johnson Controls, Inc. is responding to allegations that it is responsible for performing environmental remediation, or for the repayment of costs spent by governmental entities or others performing remediation, at about 60 sites in the United States.

Many of these sites…

NORFOLK SOUTHERN: Cites $40M Environmental Liability at June 30

Norfolk Southern Corporation’s Balance Sheets include liabilities for environmental exposures in the amount of US$40 million at June 30, 2009, and US$42 million at Dec. 31, 2008.

About US$12 million is classified as a current liability at the end of each…

ALLEGHENY TECH: Records $8Mil Environmental Reserves at June 30

Allegheny Technologies Incorporated’s reserves for environmental remediation obligations, at June 30, 2009, totaled about US$18 million, of which US$8 million was included in other current liabilities.

The reserve includes estimated probable future costs of US$5 million for federal Superfund and comparable…

PSEG INC: Involved in Occidental RI/FS on Newark Bay Study Area

Public Service Enterprise Group Incorporated is participating in and partially funding the Remedial Investigation/Feasibility Study conducted by Occidental Chemical Corporation (OCC) on the Newark Bay Study Area.

The U.S. Environmental Protection Agency has established the Newark Bay Study Area, which it…

PSEG INC: Named a Third-Party Defendant in Passaic River Action

Public Service Enterprise Group Incorporated’s subsidiaries, Public Service Electric and Gas Company (PSE&G) and PSEG Power LLC, were named as third-party defendants in litigation concerning the Passaic River.

In 2005, the New Jersey Department of Environmental Protection (NJDEP) filed suit against…

ITT CORP: Discovery in Action Against Insurers Ongoing in Calif.

ITT Corporation says that a case styled ITT Corporation et al. v. Pacific Indemnity Corporation et al. is back in the California Superior Court, Los Angeles County.

The parties are currently engaged in further discovery.

In the suit filed in 1991 against…

ITT CORP: Records $126.2Mil Environmental Liabilities at June 30

ITT Corporation’s environmental liabilities were US$126.2 million as of June 30, 2009, compared with US$119.5 million as of Dec. 31, 2008.

The Company is responsible, or is alleged to be responsible, for ongoing environmental investigation and remediation of sites in various…

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